Yahoo Finance: PRECIOUS-Gold rallies after US credit warning knocks dollar

The world's largest miner BHP Billiton has threatened to pull new investment out of Queensland, saying it is shocked by the size of an increase in the state's coal royalties. The royalties announced by the Queensland government in its budget areEconomic growth and, specifically, job creation, have been patchy enough to warrant a signal from Fed policymakers that they could resort to buying bonds to subdue borrowing rates and free up the flow of credit through the financial system. The

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